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Essex Property Trust (ESS) Competitors

Essex Property Trust logo
$294.11 -4.94 (-1.65%)
(As of 12/17/2024 ET)

ESS vs. AVB, EQR, MAA, SUI, UDR, ELS, CPT, UMH, AIV, and DLR

Should you be buying Essex Property Trust stock or one of its competitors? The main competitors of Essex Property Trust include AvalonBay Communities (AVB), Equity Residential (EQR), Mid-America Apartment Communities (MAA), Sun Communities (SUI), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), UMH Properties (UMH), Apartment Investment and Management (AIV), and Digital Realty Trust (DLR). These companies are all part of the "real estate investment trusts" industry.

Essex Property Trust vs.

Essex Property Trust (NYSE:ESS) and AvalonBay Communities (NYSE:AVB) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, dividends, analyst recommendations, earnings, community ranking, profitability, valuation, institutional ownership and risk.

In the previous week, Essex Property Trust had 6 more articles in the media than AvalonBay Communities. MarketBeat recorded 17 mentions for Essex Property Trust and 11 mentions for AvalonBay Communities. Essex Property Trust's average media sentiment score of 1.48 beat AvalonBay Communities' score of 1.25 indicating that Essex Property Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Essex Property Trust
11 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
AvalonBay Communities
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Essex Property Trust received 53 more outperform votes than AvalonBay Communities when rated by MarketBeat users. However, 60.43% of users gave AvalonBay Communities an outperform vote while only 56.38% of users gave Essex Property Trust an outperform vote.

CompanyUnderperformOutperform
Essex Property TrustOutperform Votes
725
56.38%
Underperform Votes
561
43.62%
AvalonBay CommunitiesOutperform Votes
672
60.43%
Underperform Votes
440
39.57%

AvalonBay Communities has a net margin of 36.20% compared to Essex Property Trust's net margin of 31.55%. Essex Property Trust's return on equity of 9.72% beat AvalonBay Communities' return on equity.

Company Net Margins Return on Equity Return on Assets
Essex Property Trust31.55% 9.72% 4.36%
AvalonBay Communities 36.20%8.84%4.98%

AvalonBay Communities has higher revenue and earnings than Essex Property Trust. AvalonBay Communities is trading at a lower price-to-earnings ratio than Essex Property Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Essex Property Trust$1.74B10.86$405.83M$8.5634.40
AvalonBay Communities$2.88B11.21$928.83M$7.3131.04

Essex Property Trust pays an annual dividend of $9.80 per share and has a dividend yield of 3.3%. AvalonBay Communities pays an annual dividend of $6.80 per share and has a dividend yield of 3.0%. Essex Property Trust pays out 114.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. AvalonBay Communities pays out 93.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Essex Property Trust has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500. Comparatively, AvalonBay Communities has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500.

Essex Property Trust currently has a consensus price target of $302.11, suggesting a potential upside of 2.60%. AvalonBay Communities has a consensus price target of $231.33, suggesting a potential upside of 1.97%. Given Essex Property Trust's higher probable upside, research analysts plainly believe Essex Property Trust is more favorable than AvalonBay Communities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Essex Property Trust
1 Sell rating(s)
12 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.26
AvalonBay Communities
0 Sell rating(s)
11 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.39

96.5% of Essex Property Trust shares are owned by institutional investors. Comparatively, 92.6% of AvalonBay Communities shares are owned by institutional investors. 3.8% of Essex Property Trust shares are owned by company insiders. Comparatively, 0.4% of AvalonBay Communities shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Essex Property Trust and AvalonBay Communities tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ESS vs. The Competition

MetricEssex Property TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$18.92B$7.14B$10.52B$19.59B
Dividend Yield3.29%6.60%10.24%3.50%
P/E Ratio34.4044.0445.7843.96
Price / Sales10.869.803,170.0317.42
Price / Cash19.9017.8029.7421.72
Price / Book3.382.612.765.45
Net Income$405.83M$143.97M$1.03B$986.21M
7 Day Performance-1.09%-1.31%-1.27%-2.26%
1 Month Performance-2.43%-0.30%-0.04%1.16%
1 Year Performance20.20%5.40%15.61%16.24%

Essex Property Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESS
Essex Property Trust
4.0364 of 5 stars
$294.11
-1.7%
$302.11
+2.7%
+22.1%$18.90B$1.74B34.361,750Analyst Forecast
Short Interest ↓
Positive News
AVB
AvalonBay Communities
3.7896 of 5 stars
$230.08
+1.6%
$228.67
-0.6%
+21.1%$32.73B$2.88B30.973,039Analyst Forecast
Positive News
EQR
Equity Residential
4.193 of 5 stars
$74.37
+1.5%
$77.25
+3.9%
+19.8%$28.22B$2.94B30.032,400Dividend Announcement
Analyst Forecast
Short Interest ↑
Positive News
MAA
Mid-America Apartment Communities
4.2448 of 5 stars
$160.50
+2.1%
$162.68
+1.4%
+17.9%$18.76B$2.18B36.032,427Dividend Increase
Analyst Forecast
SUI
Sun Communities
4.7058 of 5 stars
$123.55
+1.1%
$137.08
+10.9%
-8.6%$15.74B$3.22B65.706,780News Coverage
UDR
UDR
4.1076 of 5 stars
$45.34
+2.0%
$45.19
-0.3%
+18.9%$14.96B$1.63B120.191,410Analyst Forecast
Short Interest ↓
ELS
Equity LifeStyle Properties
4.4813 of 5 stars
$69.23
+1.9%
$72.50
+4.7%
-5.0%$13.23B$1.43B35.594,000Positive News
CPT
Camden Property Trust
3.8575 of 5 stars
$121.99
+1.5%
$123.75
+1.4%
+21.6%$13.01B$1.55B38.031,640Analyst Forecast
Positive News
UMH
UMH Properties
4.5231 of 5 stars
$19.71
+1.8%
$21.25
+7.8%
+27.7%$1.56B$235.66M149.00480Short Interest ↓
Positive News
AIV
Apartment Investment and Management
0.9179 of 5 stars
$8.87
+2.9%
N/A+15.3%$1.25B$203.86M-4.9861Positive News
DLR
Digital Realty Trust
4.1582 of 5 stars
$187.52
+1.3%
$171.68
-8.4%
+40.3%$62.20B$5.49B155.503,664Positive News

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This page (NYSE:ESS) was last updated on 12/17/2024 by MarketBeat.com Staff
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